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Forget Bulldozers — Caterpillar CEO Says AI Data Centers Are The New Power Move
Benzinga· 2025-10-30 01:04
Caterpillar Inc. (NYSE:CAT) CEO Joe Creed isn't talking about construction sites anymore — he's talking about data centers. The man behind the world's biggest bulldozers says the next big buildout isn't in dirt but in digital power, as AI's energy hunger opens a multibillion-dollar market for Caterpillar's generators and service network.Track CAT stock here.Prime Power Is The New Prime Real EstateOn Caterpillar's third-quarter earnings call, Creed made it clear the company isn't sitting out the AI revolutio ...